Hong Kong Launches Post-Quantum Cryptographic Vulnerability Assessment Tool for Banks

- The Hong Kong Monetary Authority (HKMA) and the Hong Kong University of Science and Technology announced the launch of a post-quantum cryptographic vulnerability assessment tool on November 2.
- The tool helps banks identify and standardize the risks that quantum computing poses to their current cryptographic infrastructure.
- The initiative aims to prepare Chinese banks for the transition from classical cryptography to post-quantum cryptography.

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Source: NewsBTC